The airline has a debt of R12. 7bn, of which three-quarters is legacy debt. Another R3. 5bn is money lent from banks as working capital.
David Mabuza said the government was not only looking into speeding up restitution of farmland but also redistributing land to emerging farmers
he South African economy grew by 3. 1 percent in the second quarter, after contracting for two consecutive quarters.
The Democratic Alliance on Wednesday welcomed the proposals economic growth Finance Minister Tito Mboweni has put forward for public comment.
The South African Broadcasting Corporation (SABC) was heading for factual insolvency by the end of March.
The South African Broadcasting Corporation (SABC) was heading for factual insolvency by the end of March.
Mboweni said the treasury would "continue the conversation" with the ratings agencies.
Deputy Finance Minister Mondli Gungubele, who chairs the PIC, added that this could place some R10 billion back onto Eskom's balance sheet.
His commitment to staying in his portfolio came in a briefing where he openly disagreed with ANC policy preoccupations.
Eskom's financial situation will remain dire for the next few years with a risk its debt burden would grow from R400 billion to some R550bn.
The department of public enterprises is looking into the terms of a loan to Transnet from the Chinese Development Bank.
The heist of VBS by corrupt directors was "not a victimless crime" because of the likelihood that it would take years to recover funds.
ANC leadership does not support the closure of SAA, siding with Gordhan against Mboweni in their apparent disagreement over the airline's future.
Finance Minister Tito Mboweni told Parliament that the airline's debt of about R21 billion would deter investors.
Finance Minister Tito Mboweni warned that reprioritising spending was the only way for South Africa to avoid falling into a debt trap.
Finance Minister Tito Mboweni on Wednesday announced cash injections for four struggling state-owned entities.
South Africa's National Treasury will shift around R34 billion within the budget to fund reforms designed to stimulate economic growth.
South African Airways will get a cash injection of R5 billion to enable the struggling national carrier to settle its debts.
Minister Tito Mboweni said he would strive to protect the National Treasury from political interference.
The South African Post Office has been allocated a cash injection of R2. 9 billion for its recapitalisation.
South Africa faces a revenue shortfall of R27. 4 billion for the current financial year mainly due to the miscalculation of VAT refunds owed by the state.
The PBO's estimate is in line with that of Moody's ratings agency and is based mainly on lower than expected growth for the current financial year.
The interim report into tax Sars recommends that Ramaphosa ensures that suspended commissioner Tom Moyane is removed from the post.
Acting Sars commissioner Mark Kingon says he was not aware of any intelligence unit operating within the revenue collection agency.
Finance Minister Tito Mboweni on Tuesday said he had received a prelimary report on the Public Investment Corporation.